EU Just Transition Fund in Ireland
EMRA was appointed in December 2021 the Managing Authority of this new EU fund that addresses the adverse effects of the climate transition by supporting the most affected territories and workers. Read more below what this means and what the Fund aims to do.
What is the EU Just Transition Fund (EU JTF)
The EU JTF is a brand-new fund created under the 2021-2027 programming round. It operates under Regulation (EU) (2021/1056) within the framework of the EU Cohesion policy.
The Fund’s single specific objective is to support the regions and communities in Europe that are most negatively affected by the transition to climate neutrality, ensuring that no one is left behind.
In essence, the EU JTF aims to address employment, economic, social and environmental impacts that come with the shift away from carbon-intense activities. In Ireland’s case, the territory supported by the Fund will focus on the regions where there have been direct impacts from the move away from peat production and electricity generation from peat.
Ireland is set to receive up to €84.5 million from the EU Just Transition Fund over the period to 2027. With the Government of Ireland’s match funding using Exchequer resources, up to €169 million will be available.
As required in legislation, Ireland is preparing a Territorial Just Transition Plan and accompanying Programme setting out the activities the Fund will support. Activities under the programme will begin rolling out following the submission and approval of the Plan and Programme by the European Commission, expected towards the end of 2022.
EU JTF Territory
As mentioned above, the Fund is designed to target areas that are most negatively affected by the transition towards climate neutrality. Several evidence-based assessments have identified certain counties and municipal districts in the wider Midlands as being the most negatively affected in Ireland by the closure of peat-reliant power stations. This will therefore be the target area of the EU JTF.
The proposed territory may contain the counties and municipal districts listed in the table below as well as in the map. This territory is yet to be confirmed by the European Commission.
Types of activities
The draft Territorial Just Transition Plan and its associated Programme proposes 3 priority areas of investment for the Fund in Ireland:
- Generating employment through diversification of the local economy
- Supporting the regeneration and repurposing of peatlands and related land
- Providing smart and sustainable mobility options to enable local communities to benefit directly from the green transition
These investment priority areas are designed to complement activities supported by other EU funding programmes. Read more about other EU funding programmes at eufunds.ie.
Other available resources
The EU Just Transition Fund is one of three pillars of the Just Transition Mechanism under the European Green Deal. Investments under the Just Transition Fund may be complemented by a combination of grants and loans to private sector entities from the EU’s InvestEU instrument (Pillar 2) or through a specific Public Sector Loan Facility managed by the European Investment Bank (Pillar 3). Read more about the Just Transition Mechanism.
Based on the outcomes of a Public Consultation held between December 2021 and March 2022 as well as relevant reports and consultations with the European Commission, the final drafts of the EU JTF Programme and the Territorial Plan are currently being developed. Activities under the programme will begin rolling out following its approval by the European Commission, expected towards the end of 2022.
EMRA’s role as MA
As the Managing Authority, EMRA will have overall responsibility for the implementation, management, monitoring and evaluation of the programme.
EMRA will work closely with relevant partners to manage and execute activities under the Fund.
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- Public consultation on the EU Just Transition Fund
- Regulation (EU) 2021/1056 establishing the Just Transition Fund
- Regulation (EU)2021/1060, Common Provision Regulation
- Eufunds.ie website with information on other EU Funds